![Kenya Airways logo Kenya Airways](http://i.imgur.com/fXuuN.png)
Despite being granted an Air Service Licence in October 2012 by the Kenyan Civil Aviation Authority (KCAA) for the launch of its low-cost subsidiary, Jambo Jet, Kenya Airways has yet to make headway with the carrier's launch. Competitor fastjet (FN) has also not had an easy time with news that the Tanzania-based LCC is facing increasing problems with its predecessor, Fly540's, creditors.